Islamabad: Federal Minister for the Board of Investment (BOI), Qaiser Ahmed Sheikh, said the government has removed 80% of unnecessary restrictions on the business community and passed the Aasaan Karobar Act Bill through the National Assembly to improve the overall business climate in Pakistan.
Speaking at the inaugural ceremony of a high-rise building developed by private investors in Wah, the minister highlighted that the Aasaan Karobar reforms have made the process of obtaining business approvals and permits faster, more transparent, and investor-friendly.
He noted that Pakistan’s retail, real estate, and construction sectors are witnessing new investment opportunities, which are creating jobs and boosting economic activity. Sheikh said that restoring a fully investment-friendly environment remains a top government priority.
The minister emphasized that quality infrastructure directly contributes to investor confidence and sustainable economic growth. He added that the Board of Investment is actively undertaking reforms to ensure ease of doing business and provide maximum facilitation to investors.
He also highlighted the role of the Business Facilitation Centre in Islamabad, which allows investors to access all essential government services under one roof, reinforcing transparency and efficiency in the investment process.
Addressing challenges faced by the private sector, Sheikh assured that the government would resolve business community issues on a priority basis, underscoring the commitment to support private-sector growth as a backbone of Pakistan’s economy.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
